Century Real Estate Raises Rs 175 crore from PAG for Luxury Housing Project
Bengaluru-based Century Real Estate has raised Rs 175 crore from investment firm PAG for the development of a luxury housing project. Century Real Estate – a leading developer and one of the largest landowners in South India, said it has got an investment of Rs 175 crore from global investment firm PAG for its ultra-luxury […]
Delhi-NCR vs Hyderabad vs Bengaluru vs Mumbai vs Chennai vs Pune: Home Sales Amid Pandemic Compared
Housing demand in India amid Pandemic: A report by real estate data, research and analytics firm PropEquity says sales or absorption of housing units rose by 21 per cent across the top seven cities in India in the first quarter of 2021. Home sales in India amid Pandemic: A report by real estate data, research and […]
Motilal Oswal Real Estate Raises Rs 650 Crore for Fifth Realty Fund
Motilal Oswal Real Estate (MORE) on Thursday said it has raised Rs 650 crore fund for providing debt to approved realty projects. The Mumbai-based company announced the first close of India Realty Excellence Fund V (IREF V), its fifth real estate fund. The Fund, launched with a target corpus of Rs 800 crore, has received […]
Brookfield Real Estate Trust Posts Flat Net Operating Income of Rs 655 cr
Brookfield India Real Estate Trust on Thursday reported an almost flat net operating income of Rs 654.8 crore for the last fiscal year. Its net operating income stood at Rs 655.7 crore in the previous fiscal, according to a regulatory filing. The collection of operating lease rentals remained robust at 99 per cent plus, the […]
Real Estate Developers Help Set up COVID-19 Centres, Donate Medical Equipment
Many companies have also organised vaccination camps to help the country overcome the second wave of the pandemic. Real estate developers across the country have stepped up efforts to help local authorities by augmenting medical infrastructure and organising COVID-19 vaccination camps to cope with the second wave. NCR-based Omaxe Ltd has set up a COVID […]
New Demands Of Home Buyers: Connectivity, Hospitals
Connectivity plays a major role in the way the real estate market behaves. Infrastructure projects such as highways, distance from airport or railway station, and nearby marketplaces are often seen as the parameters to highlight the positives of a place. However, the importance of proximity to hospitals has increased manifold in the current situation. “Not […]
Cheer For Real Estate! Home Sales Up in These 7 Cities
Delhi-NCR witnessed an increase in both home sales and new launches by 6 per cent and 136 per cent respectively in Q1 2021. Sale of housing units rose by 21 per cent across top seven cities in India in the first quarter of 2021 to 1,05,183 units against 87,236 units in Q1 2020, according to […]
Resurgence of Indian Real Estate After a Year of Pandemic
Today, the second wave of coronavirus has imbued uncertainty in the sector resulting in a temporary pause, but developers are now better prepared and well-versed with the know-hows of a pandemic. India’s resilient and burgeoning real estate segment has always remained an investor’s favourite, and one of the most sought-after realty markets globally. The growth […]
Will Second Wave Affect Real Estate Sentiments, Prices
The country is going through the second wave of corona virus infection, and the business world is concerned about its impact; the real estate sector is observing the situation with bated breath; however, the realtors feel that everyone must work together to contain the second wave. As the government has hinted that complete lock down […]
Home Sales Across Top 7 Cities up 21% in Q1 2021: PropEquity
Housing sales reported an increase of 21% across top 7 cities in India in the first quarter of 2021 to 1,05,183 units versus 87,236 units in Q1 2020, according to a report by real estate data analytic firm PropEquity. However, the new supply or launches of housing units decreased by 40% in the same period […]